recent catastrophe risk trends
Download
Skip this Video
Download Presentation
Hurricanes

Loading in 2 Seconds...

play fullscreen
1 / 12

Hurricanes - PowerPoint PPT Presentation


  • 345 Views
  • Uploaded on

Hurricanes, Earthquakes, Wind, Rain, Catastrophe Risk Trends in reinsurance, insurance and finance.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Hurricanes' - Actuary


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
recent catastrophe risk trends

Recent Catastrophe Risk Trends

Presentation by

Claude Penland, Associate of the Casualty Actuarial Society

www.ClaudePenland.com

trends we ll cover
Trends We’ll Cover
  • Government
  • Investment
  • Insurance Linked Securities Issuance
  • Regulation
  • Partnerships
  • New and Updated Models
  • Wrap Up
governments looking at catastrophe risk
Governments looking at Catastrophe Risk
  • Brazil creates Cat Fund http://bit.ly/aFFSlj
  • India may be considering catastrophe bonds http://bit.ly/hNeDZn
  • Ethiopia installing more weather stations http://bit.ly/aZ0tts
  • China http://bit.ly/bWMpdF
  • Crop insurance in China http://bit.ly/9sLxIG
  • Public Sector Catastrophe Risk Management http://bit.ly/dF8WgV
governments continued
Governments, continued
  • NY cat pool thoughts http://bit.ly/aIOGO5
  • CA tsunami risk http://bit.ly/bnxFG7
  • CA gas line risk http://bit.ly/9uvlVb
  • Mozambique weather risk mgmt http://bit.ly/b2oF6h
  • Asia underinsured for cat risk http://bit.ly/acfatP
catastrophe risk as an investment vehicle
Catastrophe Risk as an Investment Vehicle
  • Cayman Islands leading issuer http://bit.ly/bWdr3C
  • Atropos has a new European ILS Fund http://bit.ly/fnY5cc
  • Catco Investment Mgmt formed http://bit.ly/aq5mbH
  • Horton Point ILS Fund http://bit.ly/9oLT0z
  • Secquaero Advisors, ILS inv mgr, enters Australia http://bit.ly/9dh535
  • Cat Finance emerging discipline http://bit.ly/eM9W7E
  • Hurricane Land Risk Options http://bit.ly/9at9i2
  • Growing in Middle East http://bit.ly/9WgHFR
  • May grow in Canada http://bit.ly/aN5ikA
  • Growing Worldwide http://bit.ly/bnX8jk
  • Mere thunderstorms now considered in cat bonds http://bit.ly/cia9du
what should be considered when issuing ils
What should be considered when issuing ILS?
  • Identify risk concentrations
  • Quantify the loss
  • Design structure
  • Engage a placement agent or investment banker
  • Engage a risk modeling firm
  • Decide on loss denomination
  • Choose investment vehicle location
  • Review
  • Execute http://bit.ly/9xpJva
new cat risk underwriters
New Cat Risk Underwriters
  • Liberty Syndicates http://bit.ly/aA5Fjm
  • Indian Weather Risk Management market expected to rapidly grow http://bit.ly/dnmGDN
catastrophe risk considered in solvency ii regulations
Catastrophe Risk considered in Solvency II regulations
  • Solv II expects insurers to be prepared for a $50 Billion cat http://bit.ly/9UENg2
  • Aon Benfield says II doesn’t acknowledge gains in measurement http://bit.ly/9Dbgt3
  • Mega Broker says Solvency II could actually be catastrophic for the European insurance industry http://bit.ly/cHHoGz
new cat partnerships
New Cat Partnerships
  • Institute of Cat Risk Mgmt, Nanyang Tech in Singapore and Aon Benfield have a research partnership http://bit.ly/aiUxrF
  • Global Earthquake Model and OpenGEO partnership http://bit.ly/d6Gsuc
  • Data sharing considered http://bit.ly/akF09x
new or updated models
New or Updated Models
  • Latin American Flood http://bit.ly/92PpLU
  • Asian Risk Model http://bit.ly/9uZAAe
  • Asian Typhoon Model http://bit.ly/9aJPWd
  • European Cyclone http://bit.ly/ce93PF
  • European Wind Risk Model http://bit.ly/a8b8Ea
  • Earthquake hot spots http://bit.ly/bdvhzW
  • Largest US earthquake simulator planned http://bit.ly/9tKpB1
  • UK sea level risk http://bit.ly/dCU4Yx
  • US pandemic risk http://bit.ly/aRYBJJ
  • Philippines http://bit.ly/9zxsBP
additional catastrophe risk background
Additional Catastrophe Risk Background
  • An introduction to Volcanoes and Earthquakes http://bit.ly/gOAlDF
  • Academic Weather Risk papers http://bit.ly/eLbR9g
  • Cat Modeling tech http://bit.ly/br1UOL
  • Amateur hurricane tracking http://bit.ly/9Ob4P6
final thoughts
Final Thoughts
  • US Government could hurt the ILS market with calls for increased regulation and documentation http://bit.ly/9wi8Tr
  • Should you hire an in-house meteorologist? http://bit.ly/cofvM3
  • CatRisky.com covers daily catastrophe risk news and trends
  • Thank you!
ad